Key Market Indicators
Oman is set to become a major player in the fishing equipment industry. Imports of fishing equipment are forecast to reach $2.12 million by 2026, growing 3.3% year-on-year since 1994. In 2021, Oman was ranked 68th, with Madagascar ahead at $1.75 million. Japan, South Korea and Singapore were ranked 2nd, 3rd and 4th respectively. Exports of fishing equipment from Oman are expected to reach $106,280 by 2026, a 3.9% year-on-year increase since 2000. In 2021, Oman was ranked 66th, with Kuwait ahead at $84,010. Japan, the United States and Malaysia were ranked 2nd, 3rd and 4th respectively.
